Reuters – Investors are largely looking beyond hedge funds’ recent poor performance and sticking with their investments, as volatile markets leave few safe havens for clients to put their cash, data showed on Thursday.
The GlobeOp Forward Redemption Indicator — a monthly snapshot of clients giving notice they want their money back as a percentage of GlobeOp’s assets under administration — dropped to 2.51 percent in October from 3.11 percent in September.
